Wingspire Capital provided a revolving credit facility to a third-party logistics firm for enhanced liquidity.
The company is a leading innovator in e-commerce logistics and supply chain as a service, offering skilled low-cost labor and bespoke fulfillment with value-added warehousing services to upstart retailers and omnichannel brands.
“We are pleased to provide greater flexibility and liquidity to fuel the company’s growth as a leader in supply chain as a service, so they can in turn help retailers scale and expand,” said Ryan Jones, Managing Director at Wingspire Capital.
For more asset-based lending and commercial finance industry news, visit ABL Advisor.